The same as mindset. It defines how you treat daily events and handle situations.

What we see is distorted by what we want to see. Paradigm is a combination of your attitude and knowledge. A bad paradigm might completely contradicts the real nature of objects that are perceived by mind and leads to poor reaction.

Money-centric paradigm is a popular paradigm. People ruled by it always put money matter at highest priority and blind themselves b/c of it.

1. An example the majority of people follow, an establishment, set of values or ways

2. Paradigm City, Unknown Country. Established: more than forty years ago. Population: amnestic. Location: your local anime store;
People here don't really know what happened when they lost their memories forty years ago, so they move on.

1. I don't usually go with the paradigm.
2. Paradigm City's inhabitants remind me of the book (gasp! a book! run!) 1984 by George Orwell.